A modest rebound in the Hong Kong stockmarket yesterday wasn’t enough for two listing hopefuls that have called off their plans citing the increasingly volatile markets.
Immediate concerns about escalating tensions on the Korean peninsula eased off somewhat yesterday as the day passed without any further incident, but investor risk appetite appears to have waned significantly resulting in less interest in primary market deals, both equity and debt.
With only a few weeks to go before Christmas and worries about the Ireland debt crisis and monetary policy tightening in China already crippling the global markets, many investors are asking themselves whether they really need to take on additional exposure at this point. And North Korea’s...